What is Beneficial ownership?
Information about the natural people who ultimately own or control a company, which companies must keep on record and file with CIPC.
A beneficial owner is a person who directly or indirectly owns or controls a company, for example through a shareholding or another way of exercising control. Companies must keep a register of their beneficial owners and file the information with CIPC.
You must file an updated declaration when ownership changes, and CIPC links beneficial ownership filing to annual returns. Check CIPC's current notices for the exact thresholds and time limits.
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Beneficial ownership register